Period
to

The table below looks at the prevalence of the term Market Risk in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Market Risk over the 6 months to 22 May 2022 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Market Risk
England > London
6 months to
22 May 2022
Same period 2021 Same period 2020
Rank 427 321 378
Rank change year-on-year -106 +57 +112
Contract jobs citing Market Risk 160 151 63
As % of all contract jobs advertised in London 0.41% 0.62% 0.32%
As % of the Miscellaneous category 1.19% 1.82% 0.94%
Number of daily rates quoted 122 103 53
10th Percentile £525 £464 £450
25th Percentile £625 £575 £513
Median daily rate (50th Percentile) £700 £675 £625
Median % change year-on-year +3.70% +8.00% -
75th Percentile £797 £750 £738
90th Percentile £920 £775 £750
England median daily rate £700 £663 £625
% change year-on-year +5.66% +6.00% -

Market Risk is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for generic IT skills.

All Generic Skills
London
Contract vacancies with a requirement for generic IT skills 13,464 8,313 6,692
As % of all contract IT jobs advertised in London 34.87% 34.09% 33.67%
Number of daily rates quoted 9,862 5,817 4,846
10th Percentile £400 £350 £313
25th Percentile £482 £431 £419
Median daily rate (50th Percentile) £600 £540 £525
Median % change year-on-year +11.11% +2.86% -
75th Percentile £713 £650 £638
90th Percentile £800 £738 £738
England median daily rate £550 £500 £480
% change year-on-year +10.00% +4.17% +1.05%
Number of hourly rates quoted 208 143 113
10th Percentile £18.50 £15.73 £13.60
25th Percentile £23.91 £21.13 £18.00
Median hourly rate £43.62 £31.64 £32.25
Median % change year-on-year +37.86% -1.89% +29.13%
75th Percentile £52.25 £47.50 £47.75
90th Percentile £67.69 £60.00 £53.75
England median hourly rate £26.98 £26.22 £22.50
% change year-on-year +2.92% +16.51% +7.14%

Market Risk
Job Vacancy Trend in London

Job postings citing Market Risk as a proportion of all IT jobs advertised in London.

Job vacancy trend for Market Risk in London

Market Risk
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Market Risk in London.

Daily rate trend for Market Risk in London

Market Risk
Daily Rate Histogram in London

Daily rate distribution for jobs citing Market Risk in London over the 6 months to 22 May 2022.

Daily rate histogram for Market Risk in London

Market Risk
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Market Risk in London.

Hourly rate trend for Market Risk in London

Market Risk
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Market Risk within the London region over the 6 months to 22 May 2022. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Central London -56 26 £743 +14.23% 5
West London - 1 £650 -
Market Risk
England

For the 6 months to 22 May 2022, IT contractor jobs citing Market Risk also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region with a requirement for Market Risk.

1 101 (63.13%) Finance
2 96 (60.00%) Banking
3 71 (44.38%) Python
4 66 (41.25%) Social Skills
5 64 (40.00%) Investment Banking
6 63 (39.38%) Front Office
7 41 (25.63%) SQL
8 40 (25.00%) Credit Risk
9 37 (23.13%) Microsoft Excel
10 35 (21.88%) C#
11 34 (21.25%) Business Analysis
12 33 (20.63%) Microsoft
12 33 (20.63%) Agile
13 32 (20.00%) Stress Testing
14 30 (18.75%) Risk Management
15 29 (18.13%) Problem-Solving
16 28 (17.50%) VBA
16 28 (17.50%) Data Quality
17 27 (16.88%) C++
17 27 (16.88%) Java
18 26 (16.25%) Derivative
19 24 (15.00%) Release Management
19 24 (15.00%) .NET
19 24 (15.00%) Foreign Exchange (FX)
19 24 (15.00%) Analytical Skills
20 23 (14.38%) Risk Analysis
21 22 (13.75%) Business Intelligence
21 22 (13.75%) SQL Server
22 21 (13.13%) Analytics
22 21 (13.13%) Power Platform

Market Risk
Co-occurring IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 12 (7.50%) Apache
1 12 (7.50%) Apache Spark
2 8 (5.00%) Oracle Coherence
3 5 (3.13%) IBM HTTP Server
4 4 (2.50%) SAS
5 3 (1.88%) SharePoint
6 1 (0.63%) Confluence
6 1 (0.63%) DataSynapse
Applications
1 37 (23.13%) Microsoft Excel
2 10 (6.25%) Microsoft Project
3 3 (1.88%) Microsoft Office
4 2 (1.25%) Microsoft PowerPoint
4 2 (1.25%) MS Visio
5 1 (0.63%) Adobe Illustrator
5 1 (0.63%) Adobe XD
Cloud Services
1 21 (13.13%) Power Platform
2 19 (11.88%) Azure
3 6 (3.75%) AWS
4 4 (2.50%) Amazon EC2
5 2 (1.25%) Cloud Computing
5 2 (1.25%) GCP
5 2 (1.25%) GitHub
5 2 (1.25%) NuGet
6 1 (0.63%) Figma
Communications & Networking
1 2 (1.25%) Kerberos
2 1 (0.63%) FTP
Database & Business Intelligence
1 22 (13.75%) SQL Server
2 21 (13.13%) Power BI
3 16 (10.00%) Big Data
4 8 (5.00%) Hadoop
5 6 (3.75%) Apache Hive
5 6 (3.75%) HBase
5 6 (3.75%) Impala
5 6 (3.75%) Relational Database
6 5 (3.13%) MongoDB
6 5 (3.13%) NoSQL
7 4 (2.50%) Data Lake
7 4 (2.50%) SQL Server Analysis Services
7 4 (2.50%) SQL Server Integration Services
7 4 (2.50%) SQL Server Reporting Services
8 3 (1.88%) Data Warehouse
9 2 (1.25%) Apache Ignite
9 2 (1.25%) PostgreSQL
9 2 (1.25%) Star Schema
10 1 (0.63%) Metadata
10 1 (0.63%) Qlik Sense
Development Applications
1 19 (11.88%) Artifactory
2 10 (6.25%) JIRA
3 9 (5.63%) Git (software)
4 8 (5.00%) TeamCity
5 3 (1.88%) Bitbucket
5 3 (1.88%) Jenkins
6 2 (1.25%) Atlassian Bamboo
6 2 (1.25%) kappa
6 2 (1.25%) Subversion
6 2 (1.25%) Visual Studio
6 2 (1.25%) Visual Studio Team System
7 1 (0.63%) MSBuild
7 1 (0.63%) Octopus Deploy
General
1 101 (63.13%) Finance
2 96 (60.00%) Banking
3 66 (41.25%) Social Skills
4 64 (40.00%) Investment Banking
5 63 (39.38%) Front Office
6 24 (15.00%) Analytical Skills
7 7 (4.38%) Financial Institution
7 7 (4.38%) Law
8 6 (3.75%) Back Office
8 6 (3.75%) Documentation Skills
8 6 (3.75%) International Banking
9 3 (1.88%) Presentation Skills
9 3 (1.88%) Retail Banking
10 2 (1.25%) Inclusion and Diversity
11 1 (0.63%) Legal
11 1 (0.63%) Retail
Job Titles
1 78 (48.75%) Developer
2 54 (33.75%) Analyst
3 32 (20.00%) Business Analyst
4 28 (17.50%) Python Developer
5 22 (13.75%) Risk Analyst
6 18 (11.25%) C# Developer
7 17 (10.63%) Banking Analyst
7 17 (10.63%) Market Risk Analyst
8 16 (10.00%) Business Intelligence Developer
9 15 (9.38%) Qualitative Analyst
9 15 (9.38%) Quantitative Analyst
10 13 (8.13%) Java Developer
10 13 (8.13%) Risk Business Analyst
11 11 (6.88%) Quantitative Developer
12 10 (6.25%) Market Risk Business Analyst
13 9 (5.63%) Investment Banking Business Analyst
13 9 (5.63%) Quantitative Risk Analyst
14 8 (5.00%) Applications Support
14 8 (5.00%) Data Business Analyst
14 8 (5.00%) Project Manager
Libraries, Frameworks & Software Standards
1 24 (15.00%) .NET
2 10 (6.25%) .NET Framework
2 10 (6.25%) WCF
3 7 (4.38%) .NET Core
4 6 (3.75%) Spring
5 5 (3.13%) WF
5 5 (3.13%) WPF
6 4 (2.50%) NumPy
6 4 (2.50%) Pandas
7 3 (1.88%) AngularJS
7 3 (1.88%) ASP.NET
7 3 (1.88%) Entity Framework
7 3 (1.88%) Murex Flex
7 3 (1.88%) Web Services
8 2 (1.25%) Kafka
8 2 (1.25%) Reactive Extensions
8 2 (1.25%) RESTful
8 2 (1.25%) SciPy
8 2 (1.25%) Task Parallel Library
8 2 (1.25%) XSLT
Miscellaneous
1 40 (25.00%) Credit Risk
2 26 (16.25%) Derivative
3 24 (15.00%) Foreign Exchange (FX)
4 19 (11.88%) Equities
4 19 (11.88%) Hedge funds
5 14 (8.75%) Animation
5 14 (8.75%) Fixed Income
6 7 (4.38%) Grid Computing
7 5 (3.13%) Data Protection Act
7 5 (3.13%) Reference Data
8 4 (2.50%) Virtual Team
9 3 (1.88%) Algorithms
9 3 (1.88%) Greenfield Project
9 3 (1.88%) Interest Rate Derivative
9 3 (1.88%) Management Information System
9 3 (1.88%) OTC Derivatives
9 3 (1.88%) Renewable Energy
10 2 (1.25%) Legacy Code
10 2 (1.25%) N-Tier
10 2 (1.25%) Swaptions
Operating Systems
1 12 (7.50%) Linux
1 12 (7.50%) Windows
2 4 (2.50%) Unix
Processes & Methodologies
1 34 (21.25%) Business Analysis
2 33 (20.63%) Agile
3 32 (20.00%) Stress Testing
4 30 (18.75%) Risk Management
5 29 (18.13%) Problem-Solving
6 24 (15.00%) Release Management
7 23 (14.38%) Risk Analysis
8 22 (13.75%) Business Intelligence
9 21 (13.13%) Analytics
10 19 (11.88%) Mathematics
11 15 (9.38%) Data Analysis
12 11 (6.88%) Requirements Gathering
12 11 (6.88%) Workflow
13 10 (6.25%) Continuous Integration
13 10 (6.25%) Integration Testing
13 10 (6.25%) Multithreading
14 9 (5.63%) Migration
14 9 (5.63%) Software Testing
14 9 (5.63%) Stakeholder Management
14 9 (5.63%) Validation
Programming Languages
1 71 (44.38%) Python
2 41 (25.63%) SQL
3 35 (21.88%) C#
4 28 (17.50%) VBA
5 27 (16.88%) C++
5 27 (16.88%) Java
6 11 (6.88%) Scala
7 5 (3.13%) PowerShell
7 5 (3.13%) T-SQL
8 3 (1.88%) JavaScript
9 2 (1.25%) C
9 2 (1.25%) MATLAB
9 2 (1.25%) R
10 1 (0.63%) F#
10 1 (0.63%) Haskell
10 1 (0.63%) TypeScript
Qualifications
1 11 (6.88%) Degree
2 2 (1.25%) CFA
3 1 (0.63%) IIBA
3 1 (0.63%) Master's Degree
3 1 (0.63%) PhD
Quality Assurance & Compliance
1 28 (17.50%) Data Quality
2 13 (8.13%) QA
3 1 (0.63%) Basel III
3 1 (0.63%) Sarbanes-Oxley
3 1 (0.63%) SLA
System Software
1 8 (5.00%) HDFS
2 6 (3.75%) Docker
3 2 (1.25%) GridGain
Systems Management
1 5 (3.13%) ITRS Geneos
2 4 (2.50%) Control-M
3 3 (1.88%) Kubernetes
4 2 (1.25%) Ansible
5 1 (0.63%) Prometheus
Vendors
1 33 (20.63%) Microsoft
2 8 (5.00%) Databricks
3 7 (4.38%) Murex
4 5 (3.13%) ServiceNow
4 5 (3.13%) Splunk
4 5 (3.13%) Sun
5 2 (1.25%) BT
5 2 (1.25%) Cloudera
5 2 (1.25%) Hortonworks
5 2 (1.25%) Informatica
5 2 (1.25%) MapR
5 2 (1.25%) Telerik
6 1 (0.63%) Adobe
6 1 (0.63%) GoldenSource
6 1 (0.63%) Google
6 1 (0.63%) Oracle
6 1 (0.63%) Sybase
6 1 (0.63%) TIBCO